Wednesday, October 18, 2017

[pxlrjngg] Mitigating the risks of offshore assets

Moving your financial assets to another country with more favorable tax policies requires trusting that the other country will remain stable and won't arbitrarily seize your assets.  How are those other countries kept stable?  How are their governments being controlled by the foreign account holders so that the government doesn't, say, start taxing savings? It is probably through corruption.

Inspired by the Panama Papers.

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